Other Sports

Paytm First Games Announces Rs. 10 Crore Fund to Promote Homegrown Developers, Design Studios

Staff Staff

Paytm First Games (PFG), a subsidiary of Paytm, aims to become the largest publisher of homegrown games in India. Today, the company has disclosed its plans to allocate a fund of ?10 crore for a launchpad to support Indian gaming developers and design studios. The company’s initiative is part of its plans to promote innovative games focused on folk tales and Indian culture.

The announcement comes two weeks after Paytm was temporarily removed from the Google Play Store for violating its policies against casinos and unregulated gambling applications.

Sudhanshu Gupta, COO Paytm First Games, said, “Our country has the potential to revolutionize the digital gaming arena with innovative designs, technology, and talent. We believe it’s the time to lead the digital gaming sector with Made in India games that becomes a global runaway success. Being a homegrown company, we want to play our part in enabling India’s gaming ecosystem. Our goal is to support over 200 talented developers, who may not have access to resources comparable to that of big studios.”

Apart from this new ?10 crore fund, the company has allotted ?300 crore for investment in fantasy sports and other online gaming events. The company recently signed a renowned cricketer, Sachin Tendulkar, as its brand ambassador to promote sports, including kabaddi, football, and basketball.

Share this article
Staff

Staff

Follow the author’s social media

Leave a Reply

The value is incorrect

The value is incorrect

The value is incorrect

Something went wrong. Please, try again later

Your comment has been sent!

Latest from

NBA nets Wingstop deal

NBA nets Wingstop deal

Wingstop joins as Official Chicken Partner The National Basketball Association (NBA) has signed a new partnership with American restaurant chain, Wingstop, who will be joining as the Official Chicken Partner...

WNBL joins forces with Latina Fresh

WNBL joins forces with Latina Fresh

The Women's National Basketball League (WNBL) has announced a new partnership with Latina Fresh, who will be joining as a Major Partner of the league for the 2024/25 season.

TUMI signs pro golfers Nelly Korda and Ludvig Åberg as Global Brand Ambassadors

TUMI signs golfers Nelly Korda and Ludvig Åberg as Global Brand Ambassadors

International travel and lifestyle brand TUMI has roped in professional golfers Nelly Korda and Ludvig Åberg as global brand ambassadors.